Singapore: Market for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) 2025

Market Size for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Singapore

After three years of decline, the Singaporean market for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s increased by 1,210% to $X in 2021. Overall, consumption, however, recorded a abrupt curtailment. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Exports from Singapore

In 2021, shipments abroad of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s decreased by -68.1% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by 186%. Over the period under review, the exports of hit record highs at X tons in 2020, and then contracted significantly in the following year.

In value terms, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s declined sharply to $X in 2021. In general, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 206%. The exports peaked at $X in 2020, and then contracted sharply in the following year.

Exports by Country

The Philippines (X tons) was the main destination for exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s from Singapore, with a 39% share of total exports. Moreover, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s to the Philippines exceeded the volume sent to the second major destination, Vietnam (X tons), twofold. The third position in this ranking was held by Malaysia (X tons), with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Philippines totaled +94.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+71.0% per year) and Malaysia (+7.7% per year).

In value terms, the Philippines ($X) emerged as the key foreign market for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s exports from Singapore, comprising 39% of total exports. The second position in the ranking was held by Vietnam ($X), with an 18% share of total exports. It was followed by Malaysia, with a 17% share.

From 2012 to 2021, the average annual growth rate of value to the Philippines amounted to +89.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+66.8% per year) and Malaysia (+5.3% per year).

Export Prices by Country

In 2021, the average export price for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s amounted to $X per ton, increasing by 18% against the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; afterwards, it flattened through to 2021.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Lithuania ($X per ton) and Indonesia ($X per ton), while the average price for exports to Thailand ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Imports into Singapore

In 2021, the amount of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s imported into Singapore amounted to X tons, surging by 8.4% on the previous year's figure. Overall, imports, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2017 with an increase of 52% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s surged to $X in 2021. In general, imports, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 50%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Indonesia (X tons) and China (X tons) were the main suppliers of imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s to Singapore, with a combined 91% share of total imports. These countries were followed by South Korea, the Netherlands, Vietnam and the United States, which together accounted for a further 6%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +44.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Indonesia ($X) and China ($X) constituted the largest bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) suppliers to Singapore, together comprising 91% of total imports. These countries were followed by South Korea, the Netherlands, Vietnam and the United States, which together accounted for a further 5.8%.

In terms of the main suppliers, the Netherlands, with a CAGR of +41.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s amounted to $X per ton, with an increase of 13% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from China ($X per ton) and Malaysia ($X per ton), while the price for South Korea ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform